Why AI Stock SoundHound AI Was Skyrocketing Today

Why AI Stock SoundHound AI Was Skyrocketing Today

Next-generation audio technology company SoundHound AI (NASDAQ: SOUN) was sweet music to investor ears on Tuesday. Thanks largely to news of a deal with a prominent Asian company, investors were enthusiastic about its future, and were bidding its share price up by nearly 9% in late-session trading.

That was more than good enough to eclipse the benchmark S&P 500 index, which was posting a 2.4% gain at that point in time.

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https://finance.yahoo.com/news/why-ai-stock-soundhound-ai-192832393.html